Bob Lotich—The Simple Way to Automate Your Money Success

Good Money with Derrick Kinney

Derrick Kinney

Investing, Entrepreneurship, Business

5 • 1.5K Ratings

🗓️ 13 June 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s easy to believe that money is just this overcomplicated subject—and if you don’t understand it now, you probably never will. My guest today, Bob Lotich, could not disagree more. In fact, Bob says you don’t have to be a financial advisor to win with money. You just need a simple system to automate your way to financial success.

Bob is the founder of Seedtime, a community that views money as a way to change lives and have an eternal impact, not a symbol of status or security. Bob was able to pay off his house by age 31 and give away $1 million dollars by age 40. Today, Bob breaks down how he and his wife finally got on the same page about money–and it wasn’t easy! Plus, he shares the incredible story of how he gives his age as a percent of his income. And why credit cards aren’t bad—and which card he prefers.

By the end of this episode, you’ll feel motivated to start giving more than you’re comfortable with and think about money as a simple, automated system you can master.

If you liked this episode, give this one a listen too: Rabbi Daniel Lapin—Why the Pursuit of Money Is Not Bad

Get Bob’s new book here: https://amzn.to/3MRDHIs

Order your copy of the USA Today and Wall Street Journal bestselling book Good Money Revolution here: https://amzn.to/34hSonE

For daily tips to help you make and save money, follow us on Instagram @derricktkinney

Here's the Libsyn promo code for you to receive up to 2 months of free podcasting service. It’s what we use for the Good Money podcast. https://signup.libsyn.com/?promo_code=MONEY

Transcript

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0:00.0	Welcome to the Good Money Podcast, where we help you build your wealth and take control
0:12.1	of your financial future.
0:13.9	I'm your host, Derek Kinney.
0:17.5	It's so easy to believe that money is this overcomplicated subject, and if you don't understand
0:23.2	it now, you probably never will.
0:26.3	Well, my guest today, Bob Lottick, could not disagree more with that line of thinking.
0:31.6	In fact, Bob says you don't have to be a financial advisor to win with money.
0:37.2	You just need a simple system to automate your way to financial success.
0:42.6	Bob is the founder of Seed Time, a community that views money as a way to change lives and
0:48.0	have an eternal impact, not a symbol of status or security.
0:53.0	Together with his wife, Linda, I was able to pay off his house by age 31 and give away
0:58.7	$1 million by age 40.
1:01.9	Today, Bob breaks down how he and his wife finally got on the same page with their money,
1:07.6	and it wasn't easy.
1:08.9	Plus, he shares the incredible story of how he gives his age as a percentage of his income,
1:15.8	and why credit cards aren't bad, and which card he prefers.
1:21.1	By the end of this episode, I'm convinced you'll feel motivated to start giving more than
1:25.8	you're comfortable with, and think about money as a simple automated system you can master.
1:32.2	Bob, welcome to the Good Money Podcast.
1:34.8	Yeah, Derek, I'm so glad to be here, so honored and excited to chat.
1:38.9	Well, you tell readers that you don't have to be financial experts to be very successful
1:45.4	with your finances.
	...

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